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Congress Needs to Boost Disability Insurance Share of Payroll Tax by 2016
Center on Budget and Policy Priorities [Opinion] July 17, 2014 "SSDI's anticipated trust fund depletion does not indicate that the program is out of control or that it is 'bankrupt;' if the trust fund were depleted and policymakers took no action, the program could still pay about 80 percent of benefits. But cutting benefits by one-fifth for an extremely vulnerable group of severely disabled Americans is unacceptable.... [It] would be best to replenish the DI trust fund as part of a package that restores solvency to the Social Security program as a whole -- that is, that extends the solvency of both trust funds well beyond 2033. That prospect seems highly unlikely to occur, however, between now and 2016." |
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